|Range Resources is an independent oil and gas company operating in the Permian, Mid-continent, Gulf Coast and Appalachian regions of the United States. The Company seeks to build value primarily through lower-risk development drilling and acquisitions while, to a lesser degree, pursuing higher risk exploitation and exploration projects on its extensive inventory of undeveloped acreage. Year-end 1999 proved reserves totaled 617 Bcf of natural gas equivalents with a reserve life index of more than 11 years. The reserves are 72% natural gas and 80% Company-operated.|
Range Proposes Tie-up with International Petroleum
Wednesday, April 24, 2013 Range Resources is proposing a merger with International Petroleum to see an enlarged company that will focus on projects in Russia, Trinidad and onshore Africa.
Juniors Strike Georgian Gas Deal
Monday, February 18, 2013 Junior energy firms Range Resources and Red Emperor Resources strike a deal with Georgian Industrial Group to develop a CBM project in the Republic of Georgia.
Chesapeake Energy to Host EPA in Study of Fracking Risk to Water
Thursday, January 24, 2013 Natural gas producer Chesapeake Energy has agreed to let the Environmental Protection Agency conduct extensive tests at one of its drilling sites as part of an investigation into the safety of hydraulic fracturing.
Somalia Result 'Kills' Prospectivity of Shabeel Wells
Tuesday, August 28, 2012 A disappointing result from the Shabeel North well in Puntland, onshore Somalia, means that Horn Petroleum and its partners will need to looking elsewhere in the region.
Somalian Well Test Disappoints
Monday, July 23, 2012 Horn Petroleum, operator of the Shabeel North well in Puntland, has conducted a drill stem test that found only water.
Is East Africa the Next Major Oil and Gas Region?
Friday, July 20, 2012 With the takeover battle for Mozambique-focused Cove Energy settled, Rigzone takes a look at some of East Africa's other O&G projects.
More Oil at Somali Well
Monday, May 14, 2012 Horn Petroleum has encountered further oil shows at its Shabeel-1 well in Puntland, Somalia, to add to the 490 feet of oil it discovered in early April.
Range Resources Reports Further Success at North Chapman Ranch
Friday, March 09, 2012 Range Resources says it is working to achieve maximum rate and recovery from its Smith #2 well, while Albrechet #1 well confirms presence of the Howell Hight reservoir in the area.
Range Resources Reports Continued Drilling Success in Trinidad
Friday, January 27, 2012 Range reported progress at its North Chapman Ranch and East Texas Cotton Valley prospects in Texas.
Range Charges Ahead at Trinidad
Friday, December 09, 2011 Range provided the following update with respect to its international operations.
Range Drills Ahead at Georgia Well
Thursday, July 28, 2011 Range Resources, along with its joint venture partners, Strait and Red Emperor announced that Mukhiani 1 well is currently at 510m.
Range Resources CEO: Balance Sheet Strongest in Co History
Tuesday, July 26, 2011 Range Resources Chief Executive John Pinkerton said that its balance sheet, fattened by the recent sale of its Barnett Shale assets, is in the best shape it has ever been in.
Range Resources CEO Pinkerton to Step Down amid Transition Plan
Monday, June 27, 2011 Range CEO John H. Pinkerton will step down and be succeeded by Jeffrey L. Ventura, part of a company shift in focus to the Marcellus shale region in Pennsylvania.
Range Boosts Production in 1Q 2011
Tuesday, April 19, 2011 First quarter production volumes averaged 545.5 Mmcfe net per day, a 17% increase over the prior-year period and 1% higher than fourth quarter 2010.
Range Recommences Frac Stimulation at North Chapman Proj.
Monday, March 21, 2011 Range announced that the fracture stimulation program has recommenced on the North Chapman Ranch project.
Range Finishes 'Strong' in 2010
Wednesday, February 23, 2011 "We ended 2010 on a very strong note, having completed the best drilling program in our history," said John Pinkerton.
Range Closes Revolving Credit Facility
Friday, February 18, 2011 Range has closed a new $2B five-year revolving credit facility.
Range Increases 4Q10 Production by 8%
Wednesday, January 19, 2011 Fourth quarter 2010 production increased 18% over the prior-year period and was 8% higher than third quarter 2010.
Africa Oil, JV Partners Get Green Light for Somalian Exploration
Monday, January 17, 2011 Africa Oil and its partners have entered into amending agreements with the Government of Puntland in respect of the PSAs for the Dharoor Valley Exploration Area and the Nugaal Valley Exploration Area.
Range Increases Stake at East Cotton Valley Prospect
Tuesday, January 11, 2011 Range has acquired an additional 8.1875% working interest in its East Texas Cotton Valley project.